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Who’s providing the real value in our economy? Quiggin argues that we shouldn’t be ready to dismiss the idea of dramatically shrinking the financial sector, which now makes up more than 20 percent of the U.S. GDP: I’d like to look at a specific question raised by the discussion of private returns and social value, […]

The city of Wilmington in Ohio, a “poster child of the Great Recession,” saw its unemployment rate shoot up to 19 percent after DHL, one of its biggest employers, left. The story of how the city is bouncing back: Ironically, Wilmington’s reputation as the face of the recession ended up working in its favor. The […]

Susan Faludi’s takedown of “Lean In,” and a brief history of feminism and its relationship with capitalism: “In the postindustrial economy, feminism has been retooled as a vehicle for expression of the self, a ‘self’ as marketable consumer object”: “In 1834, America’s first industrial wage earners, the ‘mill girls’ of Lowell, Massachusetts, embarked on their […]

The U.S. government is increasingly facing cyber threats that could affect our national security and economy. As a result, the government is courting hackers for cyber security jobs, but needs to overhaul its image to lure young talent, who can easily find well paid jobs in Silicon Valley and private security firms: “To get a […]

An excerpt from Rose George’s new book, Ninety Percent of Everything on the current state of the shipping industry, which often gets underreported despite it driving our global economy: “Yet the invisibility is useful, too. There are few industries as defiantly opaque as shipping. Even offshore bankers have not developed a system as intricately elusive […]

Our world is increasingly automated, so what exactly will drive our economy, our jobs, and consumer demand into the next century? “We live like gods, and we don’t even know it. “We fly across oceans in airplanes, we eat tropical fruit in December, we have machines that sing us songs, clean our house, take pictures […]